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November 17, 2019

China remains the leading counterfeit goods source for EU

counterfeit goods sourceChina remains the leading counterfeit goods source for EU, according to the report of the European Commission (EC). Nearly 80% of counterfeit goods imported into the community originated in the Asian country. The data also shows that in the year 2016, a total of 41.3 million counterfeit goods entered the European Union, valued at almost 673 million EUR. The number of counterfeit goods increased by 2%, but the number of cases they detected was reduced by 22% to 63,100 in 2016.

The statistics also show that Bulgaria is one of the countries with a large drop in imports of counterfeit goods – from 1.28 million to 0.64 million between 2015 and 2016. This is a decrease of 50%. For comparison, dumped fake goods in Denmark increased by 2058% – from 51,000 to 1.1 million.

China is a clear leader with 80% of all fake goods in the community. However, there are countries that are “specialized” in particular categories of goods. For example, Singapore is the source of the most false alcohols, Iran – in clothing, Hong Kong and China – mobile phones, equipment and automotive parts, while India – medicines.

The largest share of counterfeit goods in the EU is attributable to cigarettes, which hold 24% of all counterfeit goods. The main sources are Vietnam and Pakistan. Here are the toys (17%) and the food products (13%).

“A high level of intellectual property protection is key to economic growth and job creation”, said the European Commissioner for Economic and Financial Affairs, Taxation and Customs, Pierre Moscovici. He also commented that counterfeit goods are not only a matter of competitiveness but also question the safety and health of people.

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